Exclusive: ADM replaces top trader amid global shakeup – memo

BUENOS AIRES/CHICAGO (Reuters) - Archer Daniels Midland Co has replaced the leader of its global trading desk, the company confirmed to Reuters on Wednesday, as it sheds traders around the world amid a global grains glut that has squeezed profits.

BUENOS AIRES/CHICAGO (Reuters) – Archer Daniels Midland Co has replaced the leader of its global trading desk, the company confirmed to Reuters on Wednesday, as it sheds traders around the world amid a global grains glut that has squeezed profits.